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Top officials held strategic talks as part of an annual dialogue in Beijing.
The two Asian giants are slated to hold joint defence exercises in India later this year.
The Chinese Bank, one of the world's biggest lenders, plays a critical role in the growth of China’s external trade.
Nine aircraft and 14 naval vessels from many nations converged on an Indian Ocean area the size of Los Angeles.
The two sides are expected to ink a 30-year deal to supply pipeline gas to China during Putin's May visit.
Chinese Premier Li Keqiang has said Beijing will settle for slower but sustainable development instead.
Beijing will work with ASEAN nations and neighbours like India to accelerate negotiations on the China-backed RCEP.
Premier Thongsing’s administration is banking on massive infrastructure projects to turn the economy around.
Chinese and American Defense Chiefs held talks in Beijing this morning.